As 2017 winds down, the most substantial work the PCAOB faces is a review of the comments submitted in response to its proposed standards for supervising specialists and auditing the estimates that are reported in financial statements. Until questions about the board's leadership become more settled, it is not expected to add many new items to its standard-setting activities.Read Full Article →

(Reuters) - Two U.S. senators on Tuesday announced a bipartisan breakthrough to shore up Obamacare, an agreement that would revive federal subsidies for health insurers, and President Donald Trump voiced support for the deal.Read Full Article →

(Reuters) - U.S. President Donald Trump on Monday declared Obamacare “dead” and “gone,” but urged Republicans and Democrats in Congress to craft a short-term fix of healthcare markets under the 7-year-old law that critics say he has effectively sabotaged.Read Full Article →

A key component of many of the corporate tax reform proposals under consideration by Congress cite problems and concerns associated with the current corporate tax regime, such as that it renders U.S. corporations less competitive on an international scale. However, a recent Congressional Research Service (CRS) report calls into question many of the assumptions made when those concerns are cited.Read Full Article →

(Reuters) - Lobbying efforts on the North American Free Trade Agreement hit a crucial stage this week after the Trump administration ignored the U.S. business community's advice and pitched proposals to radically reshape NAFTA, leaving its future in doubt.Read Full Article →